[intuitionist]

The point is that the market doesn’t move enough on the jobs data to trigger a circuit breaker, not that there’s a -20% move and it doesn’t trigger.

[giantg2]

Yeah, it still doesn't make sense - why would a .3% surprise cause more than a 2% move? Even today, it wouldn't. The expectation is baked in to the price already, and the surprise isn't big enough to warrant a massive move. It still shows a lack of understanding of how the markets work.